DMC Global Inc. (BOOM) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	-$0.12	$0.04	+133.3%	—	$157M	—
Q1 26	-$0.32	-$0.28	+12.5%	—	$135.6M	—
Q4 25	-$0.12	-$0.5	-316.7%	—	$143.5M	—
Q3 25	$0.03	-$0.08	-366.7%	—	$151.5M	—
Q2 25	$0.06	$0.12	+100.0%	—	$155.5M	—
Q1 25	-$0.08	$0.11	+237.5%	—	$159.3M	—
Q4 24	-$0.29	$0.09	+131.0%	—	$152.4M	—
Q3 24	$0.02	-$0.49	-2550.0%	—	$152.4M	—
Q2 24	$0.16	$0.29	+81.2%	—	$171.2M	—
Q1 24	$0.22	$0.21	-4.5%	—	$166.9M	—
Q4 23	$0.33	$0.5	+51.5%	—	$174M	—
Q3 23	$0.54	$0.38	-29.6%	—	$172.1M	—
Q2 23	$0.41	$0.7	+70.7%	—	$188.7M	—
Q1 23	$0.3	-$0.01	-103.3%	—	$184.3M	—
Q4 22	$0.29	$0.52	+79.3%	—	$175.1M	—
Q3 22	$0.27	$0.46	+70.4%	—	$174.5M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	-$0.9	—	—	$609.8M	—
FY24	—	-$8.2	—	—	$642.9M	—
FY23	—	$1.08	—	—	$719.2M	—
FY22	—	$0.72	—	—	$654.1M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$158.6M	$192.8M	$326.4M	$397.6M	$229.2M	$260.1M	$654.1M	$719.2M	$642.9M	$609.8M
YoY change	-5%	+21.6%	+69.3%	+21.8%	-42.4%	+13.5%	+151.5%	+9.95%	-10.6%	-5.14%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	158.6M	192.8M	326.4M	397.6M	229.2M	260.1M	654.1M	719.2M	642.9M	609.8M
Cost of revenue	119.9M	133.4M	215.7M	252.6M	172.3M	200.6M	468.6M	507.1M	492.3M	474.6M
Gross profit	38.7M	59.4M	110.7M	144.9M	56.9M	59.5M	185.4M	212.1M	150.6M	135.3M
Gross margin	24.4%	30.8%	33.9%	36.5%	24.8%	22.9%	28.4%	29.5%	23.4%	22.2%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	38.7M	45.7M	61.2M	65.5M	53M	58.8M	118.3M	124.4M	108.7M	110M
Operating expenses	38.7M	45.7M	61.2M	65.5M	53M	58.8M	118.3M	124.4M	116.4M	112.7M
Operating income	-4.1M	9.6M	46.5M	77.9M	2.4M	-694K	30.2M	64.9M	13M	3.5M
Operating margin	-2.57%	4.98%	14.3%	19.6%	1.04%	-0.27%	4.61%	9.03%	2.02%	0.57%
Non-operating income, net	-569K	-23.2M	-10.3M	-19.7M	-3.6M	-1.6M	-776K	-5.5M	-145.3M	-4.7M
Pretax income	-5.7M	-15.3M	34.6M	56.7M	-2M	-2.6M	23.2M	49.9M	-141M	-7.7M
Income tax	797K	3.6M	4.1M	22.7M	-548K	-1.5M	9.4M	15.1M	11M	4.1M
Net income	-6.5M	-18.9M	30.5M	34M	-1.4M	-1M	13.8M	34.8M	-152M	-11.7M
Net margin	-4.1%	-9.78%	9.34%	8.56%	-0.62%	-0.39%	2.11%	4.83%	-23.6%	-1.93%
EBITDA	7.3M	18.8M	54.9M	87.6M	13.2M	12.2M	80.8M	99.7M	47M	36.3M
EPS	-0.46	-1.31	2.05	2.29	-0.1	-0.26	0.72	1.08	-8.2	-0.9
Diluted EPS	-0.46	-1.31	2.04	2.28	-0.1	-0.26	0.72	1.08	-8.2	-0.9

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	172.1M	174M	166.9M	171.2M	152.4M	152.4M	159.3M	155.5M	151.5M	143.5M	135.6M	157M
Cost of revenue	119.5M	128.7M	124.5M	124.8M	122.3M	120.7M	118.1M	118.8M	118.7M	119M	110.2M	122.6M
Gross profit	52.6M	45.4M	42.4M	46.4M	30.1M	31.7M	41.2M	36.7M	32.8M	24.5M	25.4M	34.4M
Gross margin	30.6%	26.1%	25.4%	27.1%	19.8%	20.8%	25.9%	23.6%	21.7%	17.1%	18.8%	21.9%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	28.7M	27.2M	28.2M	29.1M	28.2M	25.1M	28.3M	26.9M	25.9M	29.6M	24.6M	24.5M
Operating expenses	28.7M	27.2M	30.4M	29.1M	30M	26.9M	29.6M	26.9M	26.3M	30M	24.6M	24.5M
Operating income	18.2M	12.5M	6.7M	12M	-5.1M	-518K	6.8M	5M	1.8M	-10.2M	-3.5M	5.5M
Operating margin	10.6%	7.19%	4.01%	6.99%	-3.37%	-0.34%	4.29%	3.25%	1.2%	-7.13%	-2.59%	3.48%
Non-operating income, net	-213K	-4.7M	-409K	-563K	-144.3M	-33K	-543K	-1.5M	-1.5M	-1.1M	-611K	-224K
Pretax income	15.6M	5.5M	4M	9.1M	-151.6M	-2.5M	4.6M	1.7M	-1.4M	-12.7M	-5.6M	4M
Income tax	4.1M	1.9M	1.6M	2.8M	7.8M	-1.3M	2.7M	1.4M	714K	-800K	1.2M	1.9M
Net income	11.5M	3.6M	2.3M	6.3M	-159.4M	-1.2M	1.9M	321K	-2.1M	-11.9M	-6.8M	2M
Net margin	6.69%	2.05%	1.39%	3.68%	-104.6%	-0.76%	1.17%	0.21%	-1.37%	-8.26%	-5.02%	1.29%
EBITDA	27.6M	20.3M	15M	20.4M	3.1M	8.5M	15M	13.2M	10M	-1.8M	4.5M	13.4M
EPS	0.38	0.01	0.01	0.24	-8.27	-0.17	0.04	-0.24	-0.1	-0.59	-0.34	0.1
Diluted EPS	0.38	0.01	0.01	0.24	-8.27	-0.17	0.04	-0.24	-0.1	-0.59	-0.34	0.1

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	223.9M	359.4M	510.3M	655.2M	639.7M	—	376.4M	367.1M	144.6M	133.2M	119.8M
Enterprise value	233.2M	368.4M	538.3M	660.6M	608.8M	—	484M	439.3M	201.1M	152M	384.1M
Shares outstanding	14.1M	14.3M	14.5M	14.6M	14.8M	17.6M	19.4M	19.5M	19.7M	19.9M	19.9M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	16.7	19.2	—	—	27.2	10.6	—	—	15.4
P/S	1.41	1.86	1.56	1.65	2.79	—	0.58	0.51	0.22	0.22	0.21
P/B	1.99	3.4	3.8	3.81	3.25	—	0.66	0.61	0.33	0.31	0.51
EV/EBITDA	31.8	19.6	9.81	7.54	46	—	5.99	4.41	4.28	4.18	14.1
EV/Sales	1.47	1.91	1.65	1.66	2.66	—	0.74	0.61	0.31	0.25	0.65
Earnings yield	—	—	5.97%	5.2%	—	—	3.68%	9.47%	—	—	6.5%
FCF yield	5.57%	0.16%	-3.42%	5.71%	2.58%	—	7%	13.6%	20.3%	27.8%	18%
PEG	—	—	—	—	—	—	—	—	—	—	-0.11

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	24.4%	30.8%	33.9%	36.5%	24.8%	22.9%	28.4%	29.5%	23.4%	22.2%	21.9%
Operating margin	-2.57%	4.98%	14.3%	19.6%	1.04%	-0.27%	4.61%	9.03%	2.02%	0.57%	3.48%
Net margin	-4.1%	-9.78%	9.34%	8.56%	-0.62%	-0.39%	2.11%	4.83%	-23.6%	-1.93%	-3.37%
ROE	-5.79%	-17.8%	22.7%	19.8%	-0.72%	-0.18%	2.43%	5.81%	-34.7%	-2.74%	-4.33%
ROA	-4%	-10.9%	12.7%	12.3%	-0.5%	-0.12%	1.57%	3.93%	-22.6%	-1.85%	-0.57%
ROIC	-3.35%	8.37%	25.3%	26.3%	1.44%	-0.1%	2.66%	6.75%	2.63%	0.77%	-1.42%
Return on tangible assets	-6.59%	-12.8%	13.7%	12.8%	-0.52%	-1.43%	8.66%	16.5%	-47%	-3.61%	-5.24%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	2.39	2.19	2.05	2.02	3.04	2.26	2.24	2.58	2.53	2.5	2.56
Quick ratio	1.45	1.41	1.26	1.27	1.93	1.09	1.02	1.27	1.2	1.24	1.19
Debt / equity	0.14	0.17	0.31	0.15	0.12	0.36	0.23	0.19	0.16	0.12	0.25
Debt / assets	0.1	0.1	0.17	0.09	0.08	0.23	0.15	0.13	0.11	0.08	0.09
Net debt / EBITDA	1.27	0.48	0.51	0.06	-2.33	14	1.33	0.72	1.2	0.52	1.17
Interest coverage	-4.35	-8.27	22.4	37.5	-1.68	-7.4	4.75	6.24	-15.3	-0.18	-1.73
Effective tax rate	0%	0%	11.9%	40%	0%	0%	40.4%	30.3%	0%	0%	0%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	11.2	13.4	22.5	27.3	15.5	14.8	33.8	36.9	32.7	30.6	29.3
EPS (basic)	-0.46	-1.31	2.05	2.29	-0.1	-0.26	0.72	1.08	-8.2	-0.9	-0.9
EPS (diluted)	-0.46	-1.31	2.04	2.28	-0.1	-0.26	0.72	1.08	-8.2	-0.9	-0.94
Book value per share	7.96	7.37	9.24	11.8	13.3	31.7	29.3	30.7	22.3	21.6	11.6
FCF per share	0.88	0.04	-1.2	2.56	1.12	-1.22	1.36	2.56	1.49	1.86	0.51
Cash per share	0.45	0.63	0.92	1.4	3.65	1.75	1.3	2.24	0.73	1.6	1.39
Capex per share	0.4	0.43	3.1	1.78	0.93	0.43	0.96	0.8	0.82	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	3.61%	3.21%	13.8%	6.53%	6.03%	2.94%	2.83%	2.17%	2.52%	—	—
Capex / operating cash flow	35.6%	-53.6%	445.3%	32.1%	37%	79.8%	48.2%	34.7%	-18%	—	—
Payout ratio	-17.7%	-6.23%	3.9%	8.11%	-265.5%	0%	0%	—	—	—	0%
Dividend yield	0.51%	0.33%	0.23%	0.42%	0.59%	—	0%	—	—	—	8.56%

Yield

8.56%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.125

ex-dividend Mar 30, 2020

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Mar 30, 2020	$0.125
Dec 30, 2019	$0.125
Sep 27, 2019	$0.125
Jun 27, 2019	$0.02
Mar 28, 2019	$0.02
Dec 28, 2018	$0.02
Sep 27, 2018	$0.02
Jun 28, 2018	$0.02

Split history

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$172.1M	$174M	$166.9M	$171.2M	$152.4M	$152.4M	$159.3M	$155.5M	$151.5M	$143.5M	$135.6M	$157M
YoY change	-1.33%	-0.59%	-9.48%	-9.27%	-11.5%	-12.4%	-4.54%	-9.17%	-0.59%	-5.8%	-14.9%	+0.94%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	6.4M	9M	13.4M	20.4M	53.9M	30.8M	25.1M	43.7M	14.3M	31.9M
Receivables	33M	49.5M	59.7M	60.9M	31.4M	71.9M	94.4M	106.2M	103.4M	93.7M
Inventory	28.8M	35.7M	51.1M	53.7M	52.6M	124.2M	156.6M	166.7M	152.6M	144.6M
Total current assets	73.4M	100M	132.2M	144.4M	143.3M	239.2M	286.9M	326.8M	289M	286.4M
Property, plant & equipment	15.2M	13.6M	37.1M	60.6M	60.6M	115.8M	66.3M	65M	64.6M	55.6M
Goodwill & intangibles	63.8M	25.7M	17.2M	11.8M	7.3M	793.7M	719.3M	674M	348.2M	310.1M
Total assets	162.6M	173.1M	240.4M	277.4M	279.6M	864.4M	879M	884.5M	671.3M	635.8M
Accounts payable	13.3M	19.8M	24.2M	34.8M	17.6M	40.3M	46.8M	40.2M	45.1M	48.2M
Short-term debt	—	—	3.1M	4.8M	4.9M	21.1M	15M	15M	2.5M	3.4M
Total current liabilities	30.7M	45.6M	64.6M	71.4M	47.1M	105.8M	128.1M	126.5M	114.1M	114.3M
Long-term debt	15.7M	18M	38.2M	20.9M	18.2M	179.4M	117.8M	100.9M	68.3M	47.2M
Total liabilities	50.1M	67.3M	106.1M	105.3M	82.7M	306.7M	310.8M	286.4M	233.3M	206.7M
Shareholders' equity	112.4M	105.8M	134.3M	172.1M	196.9M	557.7M	568.2M	598.1M	438.1M	429.1M
Total debt	15.7M	18M	41.4M	25.8M	23.1M	200.6M	132.8M	115.9M	70.8M	50.6M
Net debt	9.3M	9M	28M	5.4M	-5.1M	169.7M	107.7M	84.8M	56.5M	18.7M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	35.6M	43.7M	20.4M	14.6M	14.5M	14.3M	14.7M	12.4M	26.4M	31.9M	31.5M	28.6M
Receivables	105.5M	106.2M	104.7M	118.2M	111M	103.4M	114.5M	110.5M	105.6M	93.7M	90.9M	102.1M
Inventory	185.8M	166.7M	172.1M	174.8M	165.6M	152.6M	148.7M	144.6M	140.5M	144.6M	167M	167.3M
Total current assets	336.8M	326.8M	307.4M	320.9M	307.9M	289M	296.9M	280.2M	286.6M	286.4M	301.6M	313.2M
Property, plant & equipment	170.8M	65M	129M	128.2M	129.7M	64.6M	129M	130.1M	128.1M	55.6M	124.4M	121.1M
Goodwill & intangibles	685.3M	674M	663.4M	652.8M	358.8M	348.2M	338.7M	329.2M	319.6M	310.1M	301.4M	292.7M
Total assets	896.3M	884.5M	860M	869.5M	702M	671.3M	670.6M	645M	644.1M	635.8M	648.4M	649.6M
Accounts payable	45.6M	40.2M	50.9M	62.6M	55.9M	45.1M	45.5M	41.5M	46.9M	48.2M	58.4M	49.1M
Short-term debt	22.3M	15M	2.5M	2.5M	2.5M	2.5M	2.5M	3.6M	3.1M	3.4M	3.8M	3.8M
Total current liabilities	137.6M	126.5M	121.2M	126.7M	130M	114.1M	111.8M	101.6M	103.8M	114.3M	126M	122.5M
Long-term debt	143.7M	100.9M	85.5M	81.6M	71.7M	68.3M	69.9M	55.1M	53.4M	47.2M	50.2M	55.3M
Total liabilities	303.6M	286.4M	263M	266.4M	258.4M	233.3M	229.6M	204.1M	204.1M	206.7M	226.1M	225.2M
Shareholders' equity	592.7M	598.1M	597M	603.1M	443.6M	438.1M	441M	440.9M	440.1M	429.1M	422.3M	424.4M
Total debt	166M	115.9M	88M	84.1M	74.2M	70.8M	72.4M	58.7M	56.5M	50.6M	54M	59.1M
Net debt	138M	84.8M	67.6M	69.5M	59.7M	56.5M	57.7M	46.2M	30.1M	18.7M	22.4M	30.5M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	-6.5M	-18.9M	30.5M	34M	-1.4M	-1M	13.8M	34.8M	-152M	-11.7M
Depreciation & amortization	10.8M	10.6M	9.5M	9.9M	11.1M	12.7M	51.2M	36.5M	35M	34M
Stock-based compensation	2.3M	3M	3.6M	5.2M	5.7M	6.6M	10.1M	10.3M	6.9M	5.5M
Change in working capital	8.4M	-11.3M	-30.5M	7.9M	20.4M	-7M	-38.6M	-37.8M	16.3M	18M
Operating cash flow	16.1M	-11.5M	10.1M	80.9M	37.3M	9.6M	38.4M	45M	-89.9M	53.5M
Capital expenditure	-5.7M	-6.2M	-45.1M	-25.9M	-13.8M	-7.6M	-18.5M	-15.6M	-16.2M	—
Investing cash flow	-5.7M	-6.2M	-45.1M	-25.9M	-39.6M	-267.8M	-20.9M	-28.1M	-3.6M	4.2M
Dividends paid	-1.1M	-1.2M	-1.2M	-2.8M	-3.7M	0	0	—	—	—
Share repurchases	-25K	-337K	-453K	-1.1M	-1.9M	-2.5M	-1.2M	-2.5M	-1.2M	-1.2M
Financing cash flow	-12.1M	647K	21.9M	-57.8M	14.2M	270.8M	-28.5M	-33.2M	-59.8M	-28.7M
Net change in cash	-1.8M	-17.1M	-13.1M	-2.8M	11.9M	12.6M	-11M	-16.3M	-153.3M	29M
Free cash flow	12.5M	561K	-17.5M	37.4M	16.5M	-21.5M	26.4M	50M	29.3M	37M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	11.5M	3.6M	2.3M	6.3M	-159.4M	-1.2M	1.9M	321K	-2.1M	-11.9M	-6.8M	2M
Depreciation & amortization	9.1M	9.2M	8.7M	8.7M	8.7M	8.9M	8.4M	8.5M	8.5M	8.6M	8.1M	7.9M
Stock-based compensation	1.8M	1.7M	1.5M	1.8M	1.8M	1.8M	1.6M	1.4M	1.4M	1.2M	863K	794K
Change in working capital	-5.4M	8M	3.3M	-8.1M	12.7M	9.5M	-10.6M	568K	15.1M	12.9M	-4.9M	-18.2M
Operating cash flow	17.2M	22.7M	14.6M	8.4M	-129.3M	17.4M	2.1M	15.2M	18.6M	15.2M	-2.4M	-8M
Capital expenditure	-2.3M	-8.2M	-3M	-2.4M	-5.7M	-5.1M	-3.3M	—	—	—	—	—
Investing cash flow	-7.4M	-13.1M	9.7M	-2.4M	-5.7M	-5.1M	-3.3M	0	0	0	—	—
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	-157K	-153K	-936K	-16K	-48K	-240K	-484K	-79K	-15K	-587K	-367K	-93K
Financing cash flow	-7.9M	-7M	-64.7M	64.9M	-13.7M	-6.4M	-6.5M	-11.1M	-2.4M	-6.6M	-51.9M	-60.4M
Net change in cash	1.8M	2.6M	-40.5M	70.8M	-148.7M	6M	-7.7M	4.1M	16.2M	8.6M	-54.3M	-68.4M
Free cash flow	21.9M	14.7M	10.5M	-204K	12.9M	6.1M	709K	12.3M	14.4M	9.6M	-4.5M	-9.2M

Oct 13, 2005	2:1
Aug 27, 1990	1:5
Aug 24, 1990	1:5

DMC Global Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Split history

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement